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The Bitcoin Mining Block Post

Texas

Mining Economics

Bitcoin Mining Absorbed a 6.8 GW Grid Shock

Extreme winter conditions have triggered a record 6.8 GW of Bitcoin mining load to switch off, driving one of the largest hashrate drawdowns in history. The decline that began in October is driving difficulty lower, yet weak BTC price action…

Market Insights

Texas; Mining Capital of the World

Since the mining ban in China, Bitcoin mining has surged in the US. With over 50% of the North American hashrate situated in Texas, the state has emerged as the Bitcoin mining capital of the United States, and arguably, of…